We examine whether and how CEOs’ conscientiousness affects managerial learning from stock prices. We use a deep learning-based natural language processing model to detect personality from textual records of an individual’s spoken language. Following personality psychologists’ description...

Research on minority entrepreneurs suggests that their perceptions are shaped by past outcomes. Minority entrepreneurs fear credit denial because of past rejection of financing applications. Lack of financing in turn contributes to unfavorable financial ratios for the enterprises primarily owned...